SEAN M. GARAHAN
Special Counsel
(212) 808-7570 (212) 808-7570
SEAN M. GARAHAN Special Counsel
Sean Garahan’s practice involves all types of commercial real estate transactions, including acquisitions and dispositions, development, construction, leasing and financing.

Representing both borrowers and lenders, Sean has extensive experience handling mortgage, mezzanine, construction and other financings, including the purchase and sale of mortgage and subordinated debt, and the negotiation of intercreditor, participation and co-lender agreements as well as loan restructurings, discounted payoffs, deed-in-lieu transactions and foreclosures.

Sean also represents clients in real estate investment transactions for development and construction projects, including the structuring of joint venture agreements in connection with business formations to own, operate and develop real estate assets.
 
Acquisitions and Dispositions

Represented an owner in the disposition of a portfolio of hospitality properties throughout the U.S.

Represented a developer in the acquisition of the “American Dream” development in East Rutherford, New Jersey.

Represented the sponsor in the acquisition of a membership interest for the development and repositioning of a commercial office building in Chicago, Illinois, including the negotiation of a tenancy-in-common agreement, a joint venture agreement and mortgage financing.

Represented an owner in the formation of a programmatic joint venture for the acquisition, financing and leasing of a portfolio of industrial properties throughout the U.S.

Represented the borrower/developer in a $870 million acquisition and bridge financing, with respect to a new construction development site in New York City.

Represented the purchaser/borrower in the acquisition of several properties and excess development rights in connection with an assemblage in New York City for a new commercial development, which included mortgage, mezzanine and preferred equity financing.

Represented the purchaser in a $106 million acquisition/finance of a New York City hotel, including negotiation of a franchise agreement.

Real Estate Finance

Represents borrowers and lenders in the workout and modification of numerous mortgage and mezzanine financings, with respect to multifamily, hospitality and commercial office properties.

Represents  institutional lenders and real estate funds in the acquisition of mortgage and mezzanine financing, including negotiation of co-lender, participation and intercreditor agreements.

Represented the borrower/developer in a $1.7 billion mortgage and mezzanine construction loan, with respect to a new construction mixed-use property in New York City that included approximately $1.35 billion mortgage and mezzanine financing and a $352 million junior mezzanine EB-5 financing and numerous joint ventures.

Represented the borrower in a $600 million mortgage and mezzanine financing relating to a four property condominium conversion portfolio in New York City, including the buy-out of a preferred equity partner.

Represented the institutional lender in the $167 million mortgage loan origination for a single-tenant commercial building in Washington, D.C.

Represented an institutional lender in a $100 million mortgage loan origination relating to a hospitality property in New York.

Represented an institutional lender in originating mortgages in excess of $4 billion for multifamily and commercial office properties throughout the U.S.
 
Selected to New York Metro Super Lawyers “Rising Stars,” 2017-2019.
 

About

Sean Garahan’s practice involves all types of commercial real estate transactions, including acquisitions and dispositions, development, construction, leasing and financing.

Representing both borrowers and lenders, Sean has extensive experience handling mortgage, mezzanine, construction and other financings, including the purchase and sale of mortgage and subordinated debt, and the negotiation of intercreditor, participation and co-lender agreements as well as loan restructurings, discounted payoffs, deed-in-lieu transactions and foreclosures.

Sean also represents clients in real estate investment transactions for development and construction projects, including the structuring of joint venture agreements in connection with business formations to own, operate and develop real estate assets.
 

Experience

Acquisitions and Dispositions

Represented an owner in the disposition of a portfolio of hospitality properties throughout the U.S.

Represented a developer in the acquisition of the “American Dream” development in East Rutherford, New Jersey.

Represented the sponsor in the acquisition of a membership interest for the development and repositioning of a commercial office building in Chicago, Illinois, including the negotiation of a tenancy-in-common agreement, a joint venture agreement and mortgage financing.

Represented an owner in the formation of a programmatic joint venture for the acquisition, financing and leasing of a portfolio of industrial properties throughout the U.S.

Represented the borrower/developer in a $870 million acquisition and bridge financing, with respect to a new construction development site in New York City.

Represented the purchaser/borrower in the acquisition of several properties and excess development rights in connection with an assemblage in New York City for a new commercial development, which included mortgage, mezzanine and preferred equity financing.

Represented the purchaser in a $106 million acquisition/finance of a New York City hotel, including negotiation of a franchise agreement.

Real Estate Finance

Represents borrowers and lenders in the workout and modification of numerous mortgage and mezzanine financings, with respect to multifamily, hospitality and commercial office properties.

Represents  institutional lenders and real estate funds in the acquisition of mortgage and mezzanine financing, including negotiation of co-lender, participation and intercreditor agreements.

Represented the borrower/developer in a $1.7 billion mortgage and mezzanine construction loan, with respect to a new construction mixed-use property in New York City that included approximately $1.35 billion mortgage and mezzanine financing and a $352 million junior mezzanine EB-5 financing and numerous joint ventures.

Represented the borrower in a $600 million mortgage and mezzanine financing relating to a four property condominium conversion portfolio in New York City, including the buy-out of a preferred equity partner.

Represented the institutional lender in the $167 million mortgage loan origination for a single-tenant commercial building in Washington, D.C.

Represented an institutional lender in a $100 million mortgage loan origination relating to a hospitality property in New York.

Represented an institutional lender in originating mortgages in excess of $4 billion for multifamily and commercial office properties throughout the U.S.
 

Honors

Selected to New York Metro Super Lawyers “Rising Stars,” 2017-2019.